Your house is probably the most expensive thing you will ever buy, and so it is vital that you protect it. However, when you purchase home and contents insurance in Papua New Guinea you may be surprised by some of the items covered, and some of the circumstances that you are insured against.
Here are seven of the most important.
1. Fire damage
A burglary at your property is scary, but a fire can cost you the building itself, as well as all the possessions inside it.
Even if the house is not destroyed, the renovation and cleaning to both the interior and exterior can be costly and time-consuming. It is very likely that you will have to refinance your mortgage in order to make the necessary repairs.
By buying home insurance with Trans Pacific Assurance Limited, your house, your belongings and your money are all protected from the devastating effects of fire.
Our insurance policies can cover earthquake damage, subject to the completion of a property survey beforehand.
Like fires, earthquakes can shatter lives in minutes. Houses are often completely destroyed by such natural disasters, and if this happens where would you and your family live? Insurance policies that protect against earthquakes can give you the peace of mind that you will not face these circumstances alone.
What we wear is a huge part of our identity, but people are often surprised to find out that their favourite items of clothes can be covered by home insurance. Making a claim for items such as clothes is easy with our insurance policies, so you can be sure you do not lose out if your house is burgled.
4. Jewellery and watches
As well as often being among the most expensive personal items we own, jewellery can be hugely significant. Wedding rings, or pieces passed down from generation to generation, have a massive sentimental importance to us and so should be protected.
At TPAL we can help cover items lost or damaged in the home, including as a result of theft.
Protecting your furniture may not be the first thing you think of when deciding what you want your contents insurance to cover, but anyone who has bought large household items will know that they are not cheap. The right policy will mean that if your furniture is damaged or stolen, your insurance company will provide you the money to buy a replacement.
An art collection can take years, and a lot of investment, to bring together. For art lovers across Papua New Guinea, their worst nightmare can be the theft or damage of their prized works. However, if either of these situations occur within your home, Trans Pacific Assurance Limited can help you recover some of the costs.
7. Personal computers and valuable papers
Another of the more expensive accessories of modern day life are personal computers. As well as the machines themselves, we often store some of our most personal information on these devices, so it is crucial that they are covered.
If you prefer to keep these details on paper, then these documents will also be covered by our home insurance policies, as long as they are supported by a monetary valuation.
At Trans Pacific Assurance Limited we work with our clients to provide policies that are tailored to your individual needs. This means that you can choose to be covered for some items, and not for others, depending on what is most important to you. For more information on how to protect your house, and the possessions you value most, get in touch with our team.